Internal Controls for Payroll

Posted on Wednesday, August 07, 2019

Internal controls are important for any nonprofit.  Even small organizations with limited accounting staff should have some controls in place.  Controls not only help prevent the misuse of the organization’s funds but also contribute to more efficient operations and accurate reporting.

Payroll is normally a significant process within a nonprofit.  The primary risks related with payroll are the risk of ghost employees or employees being paid for hours not actually worked. 

Here are a few controls relating to the payroll process that your organization should consider implementing if you haven’t already.

Posted by: Carrie Minnich, CPA

Posted in Mission Minded Nonprofits

Disclaimer: The information contained in Dulin, Ward & DeWald’s blog is provided for general educational purposes only and should not be construed as financial or legal advice on any subject matter. Before taking any action based on this information, we strongly encourage you to consult competent legal, accounting or other professional advice about your specific situation. Questions on blog posts may be submitted to your DWD representative.

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